Rio Tinto copper surge offsets iron ore disruption
Geopolitics · Mining.com ·
Rio Tinto reported stronger first-quarter output as copper gains from its Mongolia Oyu Tolgoi mine offset weather-driven iron ore disruptions and rising geopolitical risks. Copper production rose 9% year over year to 229,000 tonnes, underscoring the growing importance of the Mongolian asset in the miner's critical metals portfolio.